LOAN AMORTIZATION. Answer the following questions and show your solutions A $37,000 loan at 8.2% compounded semi-annually is to be repaid by equal semi-annual payments over 10 years. Construct the amortization schedule for the above loan.

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.